Friday, May 13, 2016

Cognex Corporation Stock Analysis

Dataman
COGNEX HAS HIGH HOPES FOR ITS MOBILE TERMINAL. IMAGE SOURCE: COGNEX CORPORATION. 
Machine vision company Cognex Corporation's (NASDAQ:CGNX) first-quarter results easily beat management's guidance, and the forecast for the second quarter indicates a strong start to 2016. Despite management taking a cautionary tone on full-year prospects in Monday's earnings report, the market took the stock up as much as 20% in Tuesday's trading, and it was up 17% around 2:20 p.m. EDT. Let's take a look at the results from the quarter.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED